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FX.co ★ Patterns #GOOG | Alphabet Inc. Stock Price

#GOOG M5

Double Bottom
The Double Bottom pattern has been formed on #GOOG M5. Characteristics: the support level 95.79; the resistance level 96.26; the width of the pattern 47 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 46 points.
2022-11-28

#GOOG M5

Double Bottom
The Double Bottom pattern has been formed on #GOOG M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 96.81 is broken. The further movements will rely on the width of the current pattern 62 points.
2022-11-28

#GOOG M5

Triple Bottom
The Triple Bottom pattern has formed on the chart of #GOOG M5. Features of the pattern: The lower line of the pattern has coordinates 97.20 with the upper limit 97.20/97.14, the projection of the width is 56 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 96.64, the price is most likely to continue the upward movement.
2022-11-18

#GOOG M5

Bullish Symmetrical Triangle
According to the chart of M5, #GOOG formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 93.28 and 93.79 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at -51 pips. Outlook: If the upper border 93.28 is broken, the price is likely to continue its move by 93.43 pips.
2022-11-10

#GOOG M5

Bullish Symmetrical Triangle
According to the chart of M5, #GOOG formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 94.05/0.00 whereas the upper border goes across 93.33/0.00. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of #GOOG will breach the upper border to head for 93.48.
2022-11-10

#GOOG M5

Bullish pennant
The Bullish pennant pattern is formed on the #GOOG M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 86.36, a further uptrend is possible.
2022-11-04

#GOOG M5

Bearish pennant
The Bearish pennant pattern has formed on the #GOOG M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 83.35 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.
2022-11-03

#GOOG M5

Bearish pennant
The Bearish pennant pattern has formed on the #GOOG M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 85.41 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.
2022-11-03

#GOOG M5

Double Bottom
The Double Bottom pattern has been formed on #GOOG M5. Characteristics: the support level 89.00; the resistance level 89.31; the width of the pattern 31 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 28 points.
2022-11-02

#GOOG M5

Triple Bottom
The Triple Bottom pattern has formed on the chart of #GOOG M5. Features of the pattern: The lower line of the pattern has coordinates 92.61 with the upper limit 92.61/92.12, the projection of the width is 71 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 91.90, the price is most likely to continue the upward movement.
2022-11-01